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By EquityPandit

SEBI board meet outcome

June 21, 2018

Sebi in its board meeting today has reduced time for announcement of price band from five days to two days.

It has also rewritten share buyback regulation. SEBI tends to simplify FPI, mutual fund regulations going forward. Sub-brokers can migrate to authorized person categories. Shareholding of foreign holding to be harmonized to 15% in market infrastructure institutions (MIIs). The issue of capital, disclosure requirements has been rationalized.

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